001-45_127_NOV-DEC_LAYOUT_PT - Flipbook - Page 22
TOP100 PROJECTS
EXPANDING
THE
PIPELINE
$750M CANXPORT logistics hub a triumph
for Canadian trade by John Tenpenny
HE PRINCE RUPERT PORT AUTHORITY (PRPA) celebrated the
o昀케cial opening of CANXPORT, a $750 million
export logistics facility at the Port of Prince Rupert.
CANXPORT, operated by Montreal-based RayMont Logistics, will unlock global customers for
Western Canada’s trade corridor, expanding capacity for rail-to-container transloading of multiple export
products at the Port of Prince Rupert, including from the
petrochemical, forestry, agriculture and mining sectors.
“CANXPORT is an investment in Canada’s trade future,
creating jobs, expanding export capacity, and connecting Canadian products to global markets. This facility
strengthens the Port of Prince Rupert as a world-class
gateway while creating lasting economic opportunities for
communities across Canada,” said Kurt Slocombe, PRPA
president and CEO.
The development of CANXPORT was supported by a
$150 million loan from the Canada Infrastructure Bank
(CIB), representing the CIB’s 昀椀rst-ever investment in a
port project. Transport Canada’s National Trade Corridors
Fund contributed nearly $50 million and the Province’s
Stronger BC program provided $25 million toward the
project. CN also made an investment to expand the Zanardi Rapids Bridge, increase the rail corridor capacity, and
enhance the port’s intermodal ecosystem.
The Port of Prince Rupert is the third-largest port in
Canada with the deepest natural harbour in North America and shipped $8.1 billion of Canada’s exports in 2025,
and handled 26.3 million tonnes of cargo, a 14 per cent
increase over 2024.
“Canada’s prosperity depends on our ability to get Canadian products to global markets quickly and reliably,” said
federal Transport Minister Steven MacKinnon. “CANXPORT
will help our exporters reach more customers, strengthen our
supply chains and create good jobs here at home. By expanding Canada’s trade capacity and opening new opportunities
in fast-growing international markets, we are building a
stronger, more resilient economy that delivers greater prosperity for communities across the country.”
Indigenous partners are actively involved in the
development and operation of CANXPORT. PRPA
awarded the primary contract to develop the site to an
Indigenous joint venture that includes Metlakatla First
Nation, Lax Kw’alaams Band, Gitxaala Nation and IDL
T
John Tenpenny is the
Editor of ReNew Canada.
22—RENEW CANADA – NOVEMBER/DECEMBER 2026
The development of CANXPORT
was supported by a $150
million loan from the Canada
Infrastructure Bank (CIB),
representing the CIB’s first-ever
investment in a port project.
Projects Inc. Metlakatla and Lax Kw’alaams are also
majority owners of Gat Leedm Logistics, which is the
main provider of truck drayage services at the Port of
Prince Rupert.
“As a Canadian company, Ray-Mont Logistics is
proud to invest in Prince Rupert and deliver a made
in-Canada solution that supports Canadian exporters and businesses. CANXPORT will lead the way in
creating economic opportunities across the country and
demonstrating what Canadian innovation can achieve on
the global stage,” said Charles Raymond, president and
CEO, Ray-Mont Logistics.
CANXPORT is the 昀椀rst in a series of major projects
RENEWCANADA.NET
